Scott Sozio - Apr 26, 2021 Form 4 Insider Report for Akerna Corp. (KERN)

Role
Head of CD, Director
Signature
/s/ John Fowle as attorney-in-fact for Scott Sozio
Stock symbol
KERN
Transactions as of
Apr 26, 2021
Transactions value $
-$63,207
Form type
4
Date filed
2/14/2022, 08:01 PM
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KERN Common Shares Award +2.98K +1.3% 232K Apr 26, 2021 Direct F1, F2
transaction KERN Common Shares Options Exercise +23K +9.94% 255K Aug 4, 2021 Direct F2
transaction KERN Common Shares Options Exercise +2.5K +0.98% 257K Aug 4, 2021 Direct F2
transaction KERN Common Shares Tax liability -$38.3K -11.6K -4.51% $3.30 246K Aug 4, 2021 Direct
transaction KERN Common Shares Options Exercise +29.2K +11.88% 275K Dec 21, 2021 Direct F2
transaction KERN Common Shares Options Exercise +2.5K +0.91% 278K Dec 21, 2021 Direct F2
transaction KERN Common Shares Tax liability -$24.9K -12.4K -4.48% $2.00 265K Dec 21, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KERN Restricted Stock Units Award $0 +10K $0.00 10K Apr 26, 2021 Common Shares 10K Direct F2, F4
transaction KERN Restricted Stock Units Options Exercise $0 -23K -25% $0.00 69.1K Aug 4, 2021 Common Shares 23K Direct F2, F3
transaction KERN Restricted Stock Units Options Exercise $0 -2.5K -25% $0.00 7.5K Aug 4, 2021 Common Shares 2.5K Direct F2, F3
transaction KERN Restricted Stock Units Award +29.2K 29.2K Oct 26, 2021 Common Shares 29.2K Direct F2, F5
transaction KERN Restricted Stock Units Options Exercise -29.2K -100% 0 Dec 21, 2021 Common Shares 29.2K Direct F2, F5
transaction KERN Restricted Stock Uniyts Options Exercise -2.5K -25% 7.5K Dec 21, 2021 Common Shares 2.5K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents grant of restricted stock units on April 26, 2021, with immediate vesting.
F2 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F3 The restricted stock units ("RSUs") were granted on September 1, 2020, and vest as follows: 1/4 on July 1, 2021; 1/4 on July 1, 2022; 1/4 on July 1, 2023; and 1/4 on July 1, 2024. Settlement of the RSUs will occur as soon as administratively feasible following the applicable vesting dates.
F4 The restricted stock units ("RSUs") were granted on April 26, 2021, and vest as follows: 2,500 on December 1, 2021; 2,500 on December 1, 2022; 2,500 on December 1, 2023; and 2,500 on December 1, 2024. Settlement of vested RSUs will occur as soon as administratively feasible following the applicable vesting date.
F5 Represents restricted stock unit grant with immediate vesting.